CME appoints lead market maker for fertiliser futures

CME developed the contracts earlier this year with the hope that the futures, and options on futures, will prove popular as a means of protecting the fertiliser industry from fluctuations in the price of natural gas – a vital ingredient in most nitrogen fertilisers.

“Participation from Agriliance as a lead market maker in our fertiliser contracts brings their unique set of agricultural experiences to this highly sophisticated market,” says John Harangody, director of agricultural commodities

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